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Of course it is part of the explanation. That administrative overhead — the bureaucratic army it pays for and marshals as a lobbying and negotiating tool — enco
by fluentmundo 7y ago
Of course it is part of the explanation. That administrative overhead — the bureaucratic army it pays for and marshals as a lobbying and negotiating tool — encourages hospital monopolization, which gives providers greater bargaining power, driving up prices.
- darawk 7y agoYes, but per the article itself it only explains 18% of cost. And overhead is never going to be zero, so you can maybe, what cut that in half? At best? That's not even close to explaining the discrepancy between US per capita spending and other countries.